Destiny Media Tech Inc (DSNY)

[commoncentsinvestor]

"Just because UBS puts up a blocking offer at .79 means to me that they are trying to accumulate shares lower. "

Not quite sure I agree with you in this case eagle.

Usually if a MM is trying to accumulate shares they might put up a big blocking order on the ask but it will be accompanied by a slightly lower buy offer. UBSS has not been on the buy lately in any substantial way. Also, if their intention was what you say, it is again usual for them to pull the order once some of it is hit. Here, the whole order for 125,000 remained and has now been completely eaten up. So in reality the seller has been a big seller, not a buyer.

Anyway, really nice to see that big blocker gone. Now if some buyers come in the shares could make a nice little gain. Don't see much in the way of big asks all the way to .89 although they could be hidden.